Centre to set up steel silos to store rice for a longer period
Steel

Centre to set up steel silos to store rice for a longer period

The central government will set up steel silos of 11 million tonne (mt) to store rice for one-two years longer and avoid cereal wastage without waiting for the result of a pilot project.

The Food Corporation of India (FCI) discussed this issue with the Food Minister during a video conference. The Managing Director of Lotus Harvestec Private Limited, Munishwar Vasudeva, said that initially, a minimum five mt capacity would be set to store rice.

These steel silos will be set up across 13 states in about 250 sites, with 5,000 tonne capacity. Vasudeva said that during the first phase, 45-47 site locations would be identified to set up these silos by December.

According to a statement, FCI has given a target to set up rice silos of 1.25 lakh tonne capacity, while the state has a target of 7.5 lakh tonne capacity.

Its pilot project is being executed by the National Collateral Management Services Limited (NMCL) at Kaimur and Buxar in Bihar. According to this, FCI is setting up joint wheat and rice silo complexes with 50,000 tonne capacity.

Both the sites will have three wheat silos of 12,500 tonne capacity each and four rice silos of 3,125 tonne capacity each. FCI will import wheat from other regions for distribution there, and rice will be procured locally and stored before use.

FCI has constructed 5.5 lakh tonne of wheat silos, while the target is to store 10 mt of wheat on a build, own and operate basis under private-public partnerships (PPPs). From this, FCI will own 2.9 mt, states will own 6.85 mt and the rest to the Central Warehousing Corporation.

FCI has received a recommendation from the panel to construct flat bottom silos, which will cost less and be easy to operate and maintain. It will cost 1.4 times the cost of constructing a wheat silo. Rice silos will cost more and additional cost for chilling the towers and providing more space.

Image Source

Also read: Steel demand in various industry sectors falls 5% in FY21

The central government will set up steel silos of 11 million tonne (mt) to store rice for one-two years longer and avoid cereal wastage without waiting for the result of a pilot project. The Food Corporation of India (FCI) discussed this issue with the Food Minister during a video conference. The Managing Director of Lotus Harvestec Private Limited, Munishwar Vasudeva, said that initially, a minimum five mt capacity would be set to store rice. These steel silos will be set up across 13 states in about 250 sites, with 5,000 tonne capacity. Vasudeva said that during the first phase, 45-47 site locations would be identified to set up these silos by December. According to a statement, FCI has given a target to set up rice silos of 1.25 lakh tonne capacity, while the state has a target of 7.5 lakh tonne capacity. Its pilot project is being executed by the National Collateral Management Services Limited (NMCL) at Kaimur and Buxar in Bihar. According to this, FCI is setting up joint wheat and rice silo complexes with 50,000 tonne capacity. Both the sites will have three wheat silos of 12,500 tonne capacity each and four rice silos of 3,125 tonne capacity each. FCI will import wheat from other regions for distribution there, and rice will be procured locally and stored before use. FCI has constructed 5.5 lakh tonne of wheat silos, while the target is to store 10 mt of wheat on a build, own and operate basis under private-public partnerships (PPPs). From this, FCI will own 2.9 mt, states will own 6.85 mt and the rest to the Central Warehousing Corporation. FCI has received a recommendation from the panel to construct flat bottom silos, which will cost less and be easy to operate and maintain. It will cost 1.4 times the cost of constructing a wheat silo. Rice silos will cost more and additional cost for chilling the towers and providing more space. Image Source Also read: Steel demand in various industry sectors falls 5% in FY21

Next Story
Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

Next Story
Infrastructure Urban

IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

Next Story
Infrastructure Urban

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?